Short Interest in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Decreases By 48.3%

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 6,703 shares, a decrease of 48.3% from the January 29th total of 12,968 shares. Based on an average daily volume of 25,826 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 25,826 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2034 Municipal Bond ETF Stock Performance

BSMY opened at $24.99 on Friday. Invesco BulletShares 2034 Municipal Bond ETF has a one year low of $22.61 and a one year high of $25.03. The company has a fifty day moving average price of $24.77 and a 200-day moving average price of $24.51.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.0704 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date was Monday, February 23rd.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

Large investors have recently modified their holdings of the business. BCS Wealth Management bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the fourth quarter worth approximately $8,978,000. Confluence Investment Management LLC grew its stake in Invesco BulletShares 2034 Municipal Bond ETF by 2,611.1% in the 3rd quarter. Confluence Investment Management LLC now owns 340,971 shares of the company’s stock worth $8,296,000 after buying an additional 328,394 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% in the 2nd quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock worth $5,954,000 after buying an additional 236,180 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 4th quarter valued at $3,360,000. Finally, Jane Street Group LLC bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 1st quarter worth $2,478,000.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.